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Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Amounts and Locations of Activity Related to Interest Rate Swaps Designated as Cash Flow Hedges within Corporation's Consolidated Balance Sheet and Statement of Income

The following tables provide information about the amounts and locations of activity related to the interest rate swaps designated as cash flow hedges within the Corporation’s consolidated balance sheet and statement of income as of March 31, 2017 and December 31, 2016 and for the three months ended March 31, 2017 and 2016:

 

          Fair value as of              
    Balance Sheet     March 31,     December 31,              
    Location     2017     2016              

Interest rate contracts

    

 Accrued interest and

other liabilities

  

 

   $ (374 )    $ (459 )     

For the Three Months Ended March 31, 2017

     (a)       (b)       (c)       (d)       (e)  

Interest rate contracts

   $ 55      
 Interest expense –
subordinated debentures		  
 		   $ (76 )     
 Other
income		  
 		   $ 0  

For the Three Months Ended March 31, 2016

     (a)       (b)       (c)       (d)       (e)  

Interest rate contracts

   $ (25 )     
 Interest expense –
subordinated debentures		  
 		   $ (89 )     
 Other
income		  
 		   $ 0  

 

(a) Amount of Gain or (Loss) Recognized in Other Comprehensive Loss on Derivative (Effective Portion), net of tax

 

(b) Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
(c) Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
(d) Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
(e) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Amounts and Locations of Activity Related to Back-to-Back Interest Rate Swaps within Corporation's Consolidated Balance Sheet

The following table provides information about the amounts and locations of activity related to the back-to-back interest rate swaps within the Corporation’s consolidated balance sheet as of March 31, 2017 and December 31, 2016:

 

          

Weighted

Average

      Weighted     Weighted        
     Notional     Maturity      Average     Average     Fair  
     Amount     (in years)      Fixed Rate     Variable Rate     Value  

March 31, 2017

            

3rd Party interest rate swaps

    $ 14,733       8.8        4.43 %      1 month LIBOR + 2.35%     $ 142 (a) 

Customer interest rate swaps

      (14,733 )      8.8        4.43 %      1 month LIBOR + 2.35%       (142 )(b) 

December 31, 2016

            

3rd Party interest rate swaps

    $ 14,814       9.0        4.43 %      1 month LIBOR + 2.35%     $ 211 (a) 

Customer interest rate swaps

      (14,814 )      9.0        4.43 %      1 month LIBOR + 2.35%       (211 )(b) 

 

(a) Reported in accrued interest receivable and other assets within the consolidated balance sheets
(b) Reported in accrued interest payable and other liabilities within the consolidated balance sheets